6500 S Hoover, Los Angeles, CA 90044
Local realty services provided by:ERA Excel Realty
6500 S Hoover,Los Angeles, CA 90044
$730,000
- - Beds
- - Baths
- 2,854 sq. ft.
- Multi-family
- Active
Listed by: alexandro colombo
Office: keller williams coastal prop.562-961-1400
MLS#:PW26098653
Source:CRMLS
Price summary
- Price:$730,000
- Price per sq. ft.:$255.78
About this home
NOW $730,000. Mixed-use property consisting of a retail storefront, detached 3BR/2BA residence and two storage spaces. Current gross income is $76,800/year, with the retail tenant paying $2,700/month on a month-to-month basis, the residence at $3,100/month and one storage space at $600/month. The second storage space has been fully remodeled and is currently vacant, creating an immediate lease-up opportunity with a target rent of $750/month. Leasing the vacant storage increases gross income to $85,800/year, with full pro forma gross income of $99,600/year. The month-to-month retail tenancy gives a buyer flexibility to retain the existing tenant, re-lease the storefront or pursue owner occupancy. Property includes 11 on-site parking spaces, ±2,854 SF of improvements on a ±6,569 SF lot and LAC2 zoning. $119,000 price reduction from the original asking price. Existing income, immediate lease-up and control of the retail component at a $730,000 entry price.
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Home facts
- Year built:1921
- Listing ID #:PW26098653
- Added:142 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Rooms and interior
- Living area:2,854 sq. ft.
Structure and exterior
- Year built:1921
- Building area:2,854 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$730,000
- Price per sq. ft.:$255.78
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